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Wednesday, April 04, 2018 3:02:11 AM
Compensated Awareness Post View
Disclaimer
Direxion Daily Financial Bear 3X Shares (NYSE:FAZ)
Not all ETFs are designed to move in the same direction or even in the same amount as the index they are tracking. For example, this triple bear fund attempts to perform 300% in the opposite direction of the Russell 1000 Financial Services Index. This fund became popular in 2008 and 2009 when the financial crisis placed downward pressure on financial stocks.
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